With all the problems facing the Russian economy, many are wondering how the government will respond. As Moscow finally wakes up to the reality of climate change, the prevailing attitude among members of the ruling class appears to be that there is enough oil and gas to keep the state coffers full, buy voters’ loyalty, and control civil society and the media for as long as the country’s current leaders are in power (until 2036, when President Vladimir Putin may at last have to step down). What comes after that does not concern them: “After us, the deluge.”
The Coming Deluge: Russia’s Looming Lost Decade of Unpaid Bills and Economic Stagnation (Andrei Kolesnikov, Denis Volkov, Carnegie Moscow Center)
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